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Current Affairs - Points to Ponder for GS Mains

Economy :

India's exports in March 2021 rose 58.23% as compared to March 2020. Experts and concerned agencies are of the opinion that if India wants a double-digit growth in its GDP in 2022, exports (mainly the merchandise and services sectors) have a major role to play. How can India achieve this?

You need to study the following points for the above topic:

  1. Merchandise Exports from India Scheme (MEIS).
  2. Remission of Duties and Taxes on Exported Products (RoDTEP).
  3. Service Exports from India Scheme (SEIS).
  4. Components of the credit profile of India and obstacles to economic growth like high debt burden, weak financial systems, role of policy making institutions, etc.
  5. Exacerbated risk due to the pandemic.
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